Category: Investor’s Corner

Guerrero Announces First Closing of Private Placement

Guerrero Exploration Inc. announces that the Company has completed the first closing of the previously announced private placement being brokered by Euro Pacific Canada Inc. 2,562,500 units at $0.125 per unit were issued for total gross proceeds of $320,312.50. Each unit consists of one common share and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing. Insiders participated as to $37,500. Commissions of $25,828.12 and 206,625 broker warrants exerciseable for 2 years from closing at $0.125 were issued in connection with this closing.

Endeavour Mining Corporation Joins OTCQX

OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Endeavour Mining Corporation a gold production and exploration company, is now trading on the highest tier of the OTC market, OTCQX®.

Oremex Silver Declares Dividend-In-Kind of Shares of Oremex Gold Inc.

Oremex Silver Inc. announces that its board of directors has declared a dividend-in-kind of 14,000,000 common shares held by it in the capital of Oremex Gold Inc. The Company intends to pay the Dividend during the week of May 7, 2012 to the holders of record of the outstanding common shares of the Company at the close of business on April 30, 2012. The common shares of the Company will start to trade ex-dividend on April 26, 2012 (i.e. shares of the Company purchased on the TSX Venture Exchange on or after April 26, 2012 will not be eligible to receive the Oremex Gold Shares as a dividend-in-kind). The Company would like to remind all holders of Company options or warrants who intend to exercise their securities and participate in the Dividend that they should proceed to do so well in advance of the ex-dividend date in order to ensure that they are eligible to receive the Dividend.

Mundoro announces 2011 Year End Financial Results

Mundoro Capital Inc. announces the filing of the Company’s financial results for the fiscal year of 2011. The highlights provided in this release should read in conjunction with the Company’s annual audited financial statements and Management Discussion and Analysis, which are available on SEDAR at www.sedar.com. All dollar amounts are in U.S. dollars unless otherwise stated.

MAG Silver Reports 2011 Annual Results

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2011. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in Canadian dollars unless otherwise specified.

GoGold Resources Inc. announces proposed acquisition of Absolute Gold Holdings Inc.

HALIFAX, March 30, 2012 /CNW/ – GoGold Resources Inc. (TSXV: GGD) (“GoGold”) is pleased to announce that it has entered into a letter agreement with Absolute Gold Holdings Incorporated (“Absolute”) effective March 30, 2012, relating to a transaction pursuant to which GoGold would acquire all of the issued and outstanding common shares of Absolute in exchange for the issuance of 0.81 of a common share of GoGold by way of a share exchange, merger, amalgamation, arrangement, share purchase or other similar form of transaction (the “Transaction”). Upon completion of the Transaction GoGold will continue to operate under the name “GoGold Resources Inc.” (the “Resulting Issuer”).

Excellon Reports 2011 Year End Results

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide this summary of its financial and operating results for 2011. A copy of the Company’s consolidated financial statements for the year ended December 31, 2011, along with Management’s Discussion and Analysis in respect thereof has been filed on SEDAR and is also available on the Company’s website at www.excellonresources.com . All figures unless otherwise noted are in US$.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.